A Company Is Reviewing the Database of Customer Purchases Over

question 55

Multiple Choice

A company is reviewing the database of customer purchases over the past 3 years.Using descriptive statistics on this large data set, a business analyst found the following values. $$\begin{array} { | l | l | l | l | l | l | l | l | } \hline \text { Variable } & \text { Court } & \text { Mearl } & \text { MinirmurI } & \text { Ql } & \text { Mediar } & \text { Q3 } & \text { Maxirnuri } \\\hline \text { Purdhases } & 56,472 & 105.21 & 10.24 & 31.09 & 74.88 & 117.23 & 201.40 \\\hline\end{array}$$ From this we can conclude that,

• A)68% of these purchases are between $105.24 and $74.88
• B)The distribution of these purchases is negatively skewed
• C)50% of these purchases are between $31.04 and $117.23
• D)50% of these purchases are less than $105.24
• E)The distribution of these purchases is not skewed

---

Definitions:

Agent

An individual or entity authorized to act on behalf of another, often in a business transaction, representing their interests.

General Partnership

A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a business.

Limited Liability

Limited liability is a legal structure where a company's owners are not personally liable for the company's debts or liabilities beyond their initial investment.